Congrats to all those that held on to their shares during these volatile times. These temporary dips have always been part of PSEC shares and will likely see many more in the future. However, these dips offer an opportunity to DRIP and acquire cheaper shares along the way. You make more money when with these temporary dips than if they never happened. Think about that. Embrace the dips. The fundamentals of the company haven't changed.
While I agree that the delays will impact the #s, I do not think this will impact the Q2 cc. The recent plunge already factored in the delay in revenues. Wallstreet is stupid but not that stupid. The delays are already baked into the price and is expected come Q2 cc. When revenues come in they will be higher than ever before. That's a fact. Wallstreet buys into potential and outlook so I see large movement up come the cc.
I agree, this volume is too little for any significant convering. I expect a slow painful runnup to earnings for the shorts. Once the Q2 results are announced, i see a significant short squeeze occurring with volumes increasing 4 fold. Wallstreet will finally see some profits comming in from commercial operations. That is a big deal. Shorts only have a couple of months to get out or be hurt.
Yeah, state the facts after it happened, patting yourself on the back...really LOL. but it was me who was 100% correct and called the delay. It cause the stock to plunge due to management's mishandling of the timelines and being out of touch with reality. I'm glad it's stabilized a bit and hope that management stops over promising and start getting real with wallstreet moving foward.
With all commercial facilities now generating commercial product, I wouldn't want to be short here. The volume is still extremely low. Just think what would happen if the REAL buyers came in after the cc?
My prediction is that we will see s slow steady creep up to earnings. Unless things fall apart at Moema with further issues with manufacturing, this quarter will be the largest earnings increase in its history with all facilities now producing and selling commercial product. And if the company demonstrates demand and further scale up activities, I expect another 10% pop on the earnings release.
Nktr has been the worst biotech invesmetment for a decade. It has gone nowhere, has given no one a good return unless you are a trader.
Let's face it, NKTR has been one of the worst long term investments. The charts don't lie. Since 2003, the stock has plunged to these levels and has remained at these levels for an entire decade and has been a terrible investment (unless you are a trader). The pumpers want to make you believe that a huge upswing is "around the corner." They've been saying this for ...well about a decade only to disappoint and go lower. I have shares that I'm only holding on to just to see what will happen since it is a small portion of my portfolio (thank goodness).
The Ad com will be a potential catalyst or a potential bomb depending on the outcome. I see a 10% decline leading up to the ad com when the pre-reads come out. Typically the FDA highlight the negatives with the product for discussion. If there is a negative vote, this stock will plunge to 5-6 bucks and change. If there is a positive vote, an upside of 15-20% then a slow rise of another 20% up to the PDUFA date.
Moema announcement was a dud. Let's face it. It was already built in to the price after the constant lies made by management that turned wallstreet away. The only path now up is for them to execute and increasing revenues.
Not too optimistic, look at the volume. It is muted compared to the Clinton announcement. It is not as significant as the first announcement that was it's first commercial opening. This opening was expected under many disappointing delays. Next week we shall see if this run has legs or just another dead cat bounce back to 9s. Logic would dictate that the opening means greater revenue. Next quarter we should see a large uptick higher because it will be the first entire quarter where commercial production has been in place.
I had called it. Thought it would rise only about 10% from the announcement then a slow rise into the earnings by another 10%. Unfortunately, management had damaged the brand so much from the delay announcements that most of us are just breaking even again. Moving forward, it's now up to earnings. However, we shall see in the next couple of days if this rally is for real or just another dead cat bounce
Must I keep spanking you? Either you are blind or just a plain liar....You really do make me smile ;).....
by eagles123 • May 13, 2014 12:39 PM.
Thanks for clarifying Kole. BTW Monty, you have it wrong, I'm long on PSEC if you did you DD. LOL. Yet another chuckle from me. Thanks you for the laughs.
Dude can you read??? LOL, I said last year AND in MARCH. Then you go off of the deep end LOL. Posters like you make me smile and chuckle ;)
The insiders purchased a ton of shares last year and in March at higher prices. Why no one has purchased at these bargain basement prices? Do they know something we don't ?
June 15th best case, July 30th worst case. Due to the lack of power issue, they likely lost the batch and must remanufacture again from scratch. The've delayed the project 6 months now and keep giving excuses and are out of touch with their process supported by their misguidance to wallstreet. They have no clue which is why the stock is tanking.
Another pumper....typical. Or Moema could be further delayed past Q1 that will plunge the stock to 6 and change since after over a half a year, no success. I have lost faith in management and am now holding the bag for their lies. They need to start being real with wallstreet ... I don't see Moema opening that great of a catalyst than Clinton. The Clinton site was the first, so had a lot of fanfare. Moema is expected and they failed to deliver. So I only see about a 10% upside upon announcment. Then a slow climb if they continue to partner and revenues increase. But no pop like what happened last time.
The reason why the stock has been crushed is obvious....Management has continued to disappoint with the almost 6 month delay of Moema. They've strung wallstreet along and are now losing faith in management. I'm surprised that no lawsuits have been filed yet. Management has not shown they can consistently manufacture the materials yet, especially with the Moema debacle. My understanding is that they initated the feedstock last quarter, and due to the delay had to scrap the batch due to the issues with power. Management is clearly out of touch and need to regain their reputation by providing accurate timelines.